April 18, 2008
Canada Pension Plan Investment Board invests $200 million in Noble Environmental Power
TORONTO
The Canada Pension Plan Investment Board, the investment management organization that invests Canada’s national pension fund assets, will invest US$200 million in Noble Environmental Power, a Connecticut-based wind energy development and energy operating company.
Noble Environmental Power is a leading renewable energy company with windparks under development in several states, including New York, Vermont, New Hampshire, Minnesota, Maine and Texas.
Founded in 2004, Noble develops, constructs, owns and operates windparks across the United States. The company is planning to bring 282 megawatts of wind power generation online in New York State in the beginning of 2008 and has several thousand additional megawatts under development and estimated to come online between 2008 and 2012.
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